1 / 6
5score
New
$299,900
MLS
Street view9119 Hardwood Ct
Indianapolis IN 46250 · Single Family · built 1985
2 bd2 ba1,184 sqft$253/sqft vs ZIP $182 +39%
0.65 lender DSCR (est.)
Rent covers the estimated payment 0.65× · walk-away floor 1.20 · medium confidence
How we compute this
Rent est. $1,374/mo (HUD fair-market rent) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes from the county assessor. Assumptions as of 2026-09-12.
new this week
The underwriting
The numbers (estimates, illustrative)
$299,900List price
$1,374Rent estimate / mo
0.65Lender DSCR (est.)
$4,792Taxes / yr · county assessor
$182ZIP median $ / sqft
5/100Deal Score
Monthly picture (illustrative)
| Rent est. | $1,374 |
| − Mortgage (P&I) | −$1,573 |
| − Taxes | −$399 |
| − Insurance | −$125 |
| − HOA | −$7 |
| = Cash flow before vacancy & repairs | $-730 |
The numbers
- Price
- $299,900
- $ / sq ft
- $253 ZIP median $182
- Rent estimate
- $1,374/mo HUD fair-market rent
- Property taxes
- $4,792/yr 2% cap on assessed value $239,600
- PITIA (assumed)
- $2,104/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr, HOA $7/mo
- Lender DSCR (est.)
- 0.65 rent ÷ PITIA · lender floor 1.20
- Deal Score
- 5/100 new this week
The property
- Beds / baths
- 2 / 2
- Living area
- 1,184 sq ft
- Lot
- 9,583 sq ft
- Year built
- 1985
- Property type
- Single Family
- HOA
- $7/mo
- Flood zone
- None (Zone X)
- Registered rental
- No
The listing
- Source
- Standard
- MLS #
- 22119961
- Listed
- Oct 7, 2026
- Days on market
- 3
- Listing agent
- Dale Billman · F.C. Tucker Company - Fishers/Geist
3178418880 · dbillman@talktotucker.com - Price history
- First asked $299,900
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All figures are illustrative estimates from the list price, public records, rent comps / HUD fair-market rent and assumed financing (75% LTV, ~7.5%, 30 yr, as of 2026-09-12). Not verified, not an offer, not investment advice. Triad Global, LLC is a real-estate investor, not a licensed brokerage. Listing data from public sources; verify everything before you bid. Equal Housing Opportunity.